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Former Dewey CFO Joel Sanders and others have been accused of orchestrating a scheme to con the firm's lenders and investors out of tens of millions of dollars. (Credit: Law360)

Dewey Exec Rails Against DA In Bid To Dodge 2nd Trial

The former chief financial officer of Dewey & LeBoeuf LLP on Friday blasted opposition from the Manhattan District Attorney’s Office to his efforts to escape a second criminal trial over accusations of defrauding the defunct firm’s financial backers, criticizing prosecutors' silence on key issues and efforts to portray the executive as a rich hothead.

  • BREAKING: Foreign Sales Don't Exhaust Patent Rights, Fed. Circ. Rules

    The Federal Circuit decided en banc Friday to retain its long-standing rule that overseas sales of a product don't exhaust a patent owner's right to sue in the U.S., concluding that a 2013 U.S. Supreme Court decision that foreign sales exhaust copyrights has no impact on patent law.

  • GSK Fined $54M Over UK 'Pay-For-Delay' Deals

    United Kingdom antitrust regulators on Friday announced a £37.6 million ($54.3 million) fine against GlaxoSmithKline PLC after concluding that the drugmaker orchestrated improper “pay-for-delay” deals to postpone generic versions of blockbuster antidepressant Seroxat.

  • Uber To Pay $28.5M To End Class Action Over Safety Claims

    Uber said Thursday it will pay $28.5 million to resolve a proposed class action filed in California federal court that accuses the ride-hailing company of misleading consumers about its “safe rides fee” and the quality of its driver background checks.

  • Yates Memo Fails To Trigger Charges In Morgan Stanley Deal

    Thursday’s $3.2 billion settlement with Morgan Stanley was touted by federal and state prosecutors as a major victory in their attempts to hold banks accountable for the 2008 financial crisis, but critics say the deal undermines recent proclamations that prosecutors would seek to take action against individuals.

  • Dickstein Shapiro Deal Sends 100 Attys To Blank Rome

    Dickstein Shapiro LLP announced Thursday that it has struck a deal to move more than 100 of its Washington, D.C., and New York attorneys and staff to Blank Rome LLP, after months of lawyer departures and buzz of failed merger talks with other firms.

  • Building Owner Charged With Manslaughter For Gas Explosion

    The Manhattan District Attorney charged four people with manslaughter in connection with a gas explosion last year that killed two individuals, saying on Thursday the building owner and manager along with two contractors had illegally tapped a gas line and hid it from Con Edison inspectors.